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Top economists at big U.S. banks predict the Federal Reserve will cut interest rates three times this year — with the first reduction in June — even though inflation is unlikely to slow much further in 2024.

New analysis from HSBC says that Bank of America’s stock is reaching its target price — but there are still buying opportunities in other banking sectors.

Rest assured, Walt Disney Co.’s annual shareholders meeting next week will not be the happiest place on earth.

The U.S. 30-year mortgage rate is averaging at 6.79% Freddie Mac said in its latest weekly survey on Thursday.

Persistent inflation has eroded Americans’ ability to prepare for their financial futures by causing them to reduce savings, take on debt and withdraw from retirement accounts.

R2 Semiconductor — which is majority owned by Daniel Loeb’s hedge fund Third Point — claims Intel has been using its proprietary technology

Fisker Inc.’s stock got a slight reprieve Thursday after the troubled electric-vehicle maker announced large price cuts in an attempt to boost demand for its cars.

Consumer sentiment index rises to 79.4 in March

GameStop Corp. has been cutting jobs, the video game retailer and original meme stock said this week.

JPMorgan Chase & Co. Chief Executive Jamie Dimon has sold another batch of stock about a month after he raised $150 million through an earlier insider transaction.

The Chicago Business Barometer, also known as the Chicago PMI, weakened further in March, dropping to 41.4 from 44 in the prior month. Economists polled by the Wall Street Journal forecast a 45 reading.

U.S. pending home sales rose 1.6% in February, the National Association of Realtors said on Thursday.